Lam Research Corp is trading 4.2% up at $382.75 in pre-market, tracking a broader tech-led risk-on rally as easing geopolitical tensions and lower oil prices boost growth and AI-related stocks.
- The move extends last week’s sharp rebound across semiconductor and AI hardware names.
- Gains are supported by a positive tone in U.S. equity futures and the Nasdaq, despite a lack of fresh company-specific news.